Industry News

GRAND JUNCTION, Colo. (BRAIN) — Squirt Lube has recently incorporated Squirt USA, Inc. and opened a facility here. The brand is now warehousing at the facility and plans to start manufacturing its lube there soon.

BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association will celebrate its "Dirty 30" anniversary, October 26-28, 2018, in Bentonville, Arkansas, during the Outerbike demo event.

Tagged Advocacy/Non-profits / Consumer Expos and Rides

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced plans for the second installment of its short-form retailer education series, The Forum, which will be held each day of the tradeshow in the Reno-Sparks Convention Center.

Tagged Retailer education / Interbike

WASHINGTON (BRAIN) — The U.S. Trade Representative has approved the inclusion of e-bikes and e-bike motors on the list of $16 billion worth of Chinese products that will be hit with a 25 percent tariff starting Aug. 23.

Tagged Trade/tariffs

RENO, Nev. (BRAIN) — The CyclePoint's Kit Vogel will be presenting at The Interbike Fit Symposium and the company will offer its Advanced Foot-Pedal Bike Fit class in Sparks, Nevada, on Sept. 21, the day after Interbike closes. The class will be conducted by CyclePoint owner Paul Swift. 

Tagged Retailer education / Interbike

HAMDEN, Conn. (BRAIN) — Velotooler has added a "white glove" bike delivery feature and Shopify integration, allowing bike companies and end-users to efficiently track bike assembly and delivery by Velotooler's independent mechanics and retailers.

OCEAN, N.J. (BRAIN) — Frog Bikes has hired Mike McMahon as the brand's new Southern California sales representative.

Tagged People / Sales Reps
Ryan Hiscoe

WALTHAM, Mass. (BRAIN) — Miso Partners, a sales and marketing agency, has hired Ryan Hiscoe as a sales representative covering Eastern New England.

Tagged People

QUÉBEC (BRAIN) — On The Edge Canada (OTE), which distributes Pivot Cycles, Enve Composites and Rotor Components among other brands, is now distributing Chris King Precision Components.

Tagged Distributor news
Second quarter sales were down from last year, but up from the first quarter as net losses outperform estimates.

SAN MATEO, Calif. (BRAIN) — GoPro, Inc. announced second quarter sales of $283 million, down 5 percent from the same period last year, but up 40 percent compared to Q1. The company — which claims it holds a 97 percent share by dollar in the U.S.

Tagged Earnings/Financial Reports

MONTRÉAL (BRAIN) — Dorel Industries said Friday that its bike business rebounded in the second quarter with revenue up $15.5 million or 7.4 percent to $224.5 million.

Tagged Earnings/Financial Reports

LÉVIS, Quebec and LEXINGTON, S.C. (BRAIN) — Bike industry veterans Elysa Walk and Andrew Herrick, and power sport executive James Paladino, have joined the board of directors at HLC, the distributor known as Hawley-Lambert until recently.

Tagged People

PAAL-BERINGEN, Belgium (BRAIN) — Belgian Cycling Factory, the parent of Ridley, Eddy Merckx Cycles and the Forza component brand, is distributing those lines direct to consumers in the UK and Ireland, effective Aug. 1. 

Previously the brands were distributed by Sportline. 

LOS ANGELES (BRAIN) — Bulls has made a three-year sponsorship agreement with the owners of the Sea Otter Classic. Bulls will be the official e-bike sponsor of the event through 2021. Sea Otter's e-MTB race will be named the "Bulls eMTB Race ePowered by Bosch."

Tagged Electric bike / Racing & Sponsorship

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory, which offers Fox suspension, Marzocchi, Easton cycling and Race Face products in the cycling market, saw a 15.1 percent increase in sales of bike products in the second quarter.

Tagged Earnings/Financial Reports

OLATHE, Kan. (BRAIN) — Garmin saw a 24 percent increase in sales in its fitness division (which includes its bike products) in the second quarter this year, and has seen a 23 percent increase year to date.

Tagged Earnings/Financial Reports

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced the schedule for its Fit Symposium, a free educational track for registered independent bicycle retailers and their fit specialists. The theme of this year's edition of the popular symposium is "The Golden Rules of Fit."

Tagged Interbike

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Welcome to August. August 15 is the deadline for brands to submit products for consideration for Interbike's IB Innovation Awards.

Bicycles, components, accessories and apparel can all be nominated.

Tagged Interbike / Interbike Awards

MILWAUKEE (BRAIN) — Harley Davidson announced an ambitious growth plan Monday that includes the launch of a variety of new products, including, possibly, e-bikes.

Tagged Electric bike

BOULDER, Colo. (BRAIN) — Dave Whittingham, an industry veteran who managed bike shops, developed products and worked for several brands in the Boulder area, died Monday of complications from a bicycle accident. He was 67.

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